Listed here are the total costs associated with the 2015 production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $508

Listed here are the total costs associated with the 2015 production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $508 each. Costs 1. Plastic for casing—$21,000 2. Wages of assembly workers—$90,000. 3. Property taxes on factory—$5,000 4. Accounting staff salaries—$34,000 5. Drum stands (1,000 stands purchased)—$28,000 6. Rent cost of equipment for sales staff—$48,000 7. Upper management salaries—$180,000 8. Annual flat fee for factory maintenance service—$14,000 9. Sales commissions—$16 per unit 10. Machinery depreciation, straight-line—$43,000 Required: 1. Classify each cost and its amount as (a) either variable or fixed and (b) either product or period. 2. Calculate the manufacturing cost per drum set.